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HomeCOINSWhat Is Nyx Token (NYXT)? Complete Guide Review About...

What Is Nyx Token (NYXT)? Complete Guide Review About Nyx Token.

What Is Nyx Token (NYXT)?

In recent years, the worldwide crypto community has found that there was a desperate need for a safe crypto token that the community could stand behind. Nyx Token pulls, fake ICO, and unsavory utility tokens became so common that the people had begun to lose faith in the very foundations of crypto. Seeing and hearing this need, small pockets of community members began discussing how to better provide a crypto token for investing that could be protected against rug pull, unfair buying practices, and insider trading of crypto serving only to line the pockets of a few greedy people.

Having been fed up with the direction much of the crypto market was going, a decision had to be made, and Nyx Token was born in late 2021 with the following guidelines. First, there will be a two-year liquidity lock to provide security against any possible rug pull. The Dev Team would provide that liquidity, but there will be no advantages or direct benefit for helping to provide that liquidity. Secondly, there would be no pre-sale or special benefits to any community members; everyone will be on the same playing field from day one.

Third, Devs are treated as equals to all community members and had to buy their own tokens after public release. Forth, and most importantly, all decisions will be weighed against the question of, ‘Is this decision acting in the best interest of the entire community?’ If the answer is not a resounding yes, that decision is tabled pending further research or will be opened up to the community for input.

Nyx Token Storage Key Points

Coin BasicInformation
Coin NameNyx Token
Short NameNYXT
Circulating Supply591,788.63B NYXT
Total Supply1,000,000,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Media Accounts

Nyx Token is transparent and is built from the ground with the understanding of trust. Everything from the website to social media accounts, from the community discussions to the future development of the community, is open to the public. Anything anyone could want to know about the community is open, and if the answers aren’t readily available, the community can usually reach a Dev in the chats any day of the week. Openness and understanding are essential factors as your community grows.

The above information explains how this project was born out of a need from your community. Additional information will be provided as frequently as needed outlining how and what community members are working on. This message is written with the utmost respect for your community by members of your community and for the benefit of your community. Additional information can be gleaned from your community, join Telegram, Discord or any of your various social media outlets and be part of your community.

Token Utility

Nyx Token is a unique and new variation of a ‘utility token.’ Like other utility tokens, Token is purchased on the block chain and serves as a representation of the individual holder’s personal valuation of the token upon their initial decision to exchange any other crypto medium for Tokens. By holding Tokens, community members have decided that the token has non-corporeal value. Unlike most other tokens available in the crypto market, Token was fully founded by the Nyx community members without the option of presale or direct benefit to any of the developers. The initial liquidity was locked for two years ensuring token stability for the protection of holders.

Post launch, most communications take place in Telegram or Discord and each server is open to both community members and future community members. There is a growing team of educators who combat FUD when necessary and the community takes pride in working with newcomers of the crypto world. Together, the community takes care of their own. Nyx Token provides a unique utility for token holders including, but not limited to, holder only resources that will be available throughout the growth and development of the token.

An example utility is the exclusive access to a short story series, written around the goddess Nyx and two unsuspecting men in search of answers. There will be more utilities as the project grows. One of which, (not yet released at the time of writing this) is the ability to claim dividends in Nyx Tokens by owning an NFT in your NYXG collection. They have created 153 Moon NFTs in 4 different series. There are 5 different moons with a quantity of 11 each for a total of 55 moons. A has 5 different moons with a quantity of 10 each, for a total of 50.

Dividends

This has 3 different moons with a quantity of 13, totaling 39 and Series 4, named “Nyx Destruction” has only 1 variation and 9 copies. This is the rarest. These NFTs will have Nyx Token set aside for them weekly and the owner can connect their wallet through your website and claim them. Each different series is entitled to a different percent. More of that info will be updated in the tokenomics. These Dividends come from a pool that is held in a wallet named “Nyx Dividends” and the tokens were purchased by the deployment wallet from Uniswap fairly and set into the pool. Therefore, they are not adding more tokens to market.

Any and all are welcome in the Nyx Community, there is no holdings requirement. However, being an active Nyx Token holder grants access to holder-only resources and benefits. The threshold for membership will always be set at a token holding level which should be attainable by most, if not all the crypto community. As of 01.17.2022 the threshold was set at 10,000,000 tokens. As Token increases in value the threshold may be lowered accordingly.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .